News Centre

Cost Impacts From NZX IT And Cybersecurity Reviews

Date 20/12/2020

NZX has considered the recommendations and potential cost impacts following the completion of reviews commissioned by the NZX Board from independent service providers into the clearing and settlement incidents between March and April 2020, and the Distributed Denial of Service (DDoS) attacks that began in August 2020. NZX accepts that it did not meet its own high standards in certain areas of its technology systems.

Amman Stock Exchange Weekly Summary

Date 20/12/2020

Shanghai Stock Exchange Holds Meetings To Mark 30th Anniversary

Date 19/12/2020

On the occasion of its 30th anniversary, the Shanghai Stock Exchange (SSE) held the third session of the fifth Board of Governors and the third session of the third Board of Supervisors to solicit the opinions of governors and supervisors on the SSE's work in 2020 and arrangements for 2021. On the same day, a plenary meeting of the Policy Advisory Committee under the Board of Governors and forum for the 30th anniversary of the SSE was also held to review the growth over the past 30 years and look forward to the development of the capital market in the new era.

Christopher J. Waller Sworn In As A Member Of The Board Of Governors Of The Federal Reserve System

Date 18/12/2020

Christopher J. Waller took the oath of office on Friday as a member of the Board of Governors of the Federal Reserve System. The oath was administered remotely via videoconference by Chair Jerome H. Powell. Dr. Waller took the oath at his residence in St. Louis in the company of family and friends.

Federal Reserve Board Votes To Affirm The Countercyclical Capital Buffer (CCyB) At The Current Level Of 0 Percent

Date 18/12/2020

The Federal Reserve Board announced on Friday it has voted to affirm the Countercyclical Capital Buffer (CCyB) at the current level of 0 percent. In making this determination, the Board followed the framework detailed in the Board's policy statement for setting the CCyB for private-sector credit exposures located in the United States.

Ontario Securities Commission Panel Approves Settlement With Bloomberg Trading Facility Limited And Bloomberg Trading Facility B.V.

Date 18/12/2020

A Panel of the Ontario Securities Commission (OSC) today approved a settlement agreement with Bloomberg Trading Facility Limited (BTFL) and Bloomberg Trading Facility B.V. (BV), two foreign-based firms that operate multilateral trading facilities for fixed income securities and swaps. The settlement follows allegations by OSC Staff that the firms operated marketplaces without authorization in Ontario, filed applications for exemptive relief with the Commission containing incomplete and inaccurate information and, in the case of BTFL, failed to comply with terms and conditions set out in an exemptive relief order.

Miami International Holdings Acquires 100% Ownership Of The Bermuda Stock Exchange - Electronic Trading Leader Will Leverage BSX's Well-Established Financial Reputation And New Digital Asset Focus To Further Diversify Its Electronic Exchange Offerings

Date 18/12/2020

Miami International Holdings (MIH), the parent holding company of MIAX®, and the Bermuda Stock Exchange (BSX) today announced that MIH has acquired 100% ownership of the BSX. MIH previously announced the acquisition of a majority interest in the exchange in November 2019. The BSX will continue its operations as a wholly owned subsidiary of MIH.

Statement After The Enactment Of The Holding Foreign Companies Accountable Act, SEC Chairman Jay Clayton, Dec. 18, 2020 - Harmonizing The Act And The Report Of The President’s Working Group On Financial Markets

Date 18/12/2020

Over the last several years, my colleagues and I have taken a number of actions to bring greater attention to, and to further address, the various risks associated with investing in emerging markets, including China. Additionally, as part of the President’s Working Group on Financial Markets, I supported the July 2020 release of the Report on Protecting United States Investors from Significant Risks from Chinese Companies (“PWG Report”).

Federal Reserve Board Releases Second Round Of Bank Stress Test Results

Date 18/12/2020

The Federal Reserve Board on Friday released a second round of bank stress test results this year, which showed that large banks had strong capital levels under two separate hypothetical recessions.

MIAX Business Continuity And Disaster Recovery Plans Testing, Member Designation Standards

Date 18/12/2020

As required by Regulation Systems Compliance and Integrity and MIAX Options Rule 321, which is incorporated by reference into both the MIAX Pearl and MIAX Emerald Exchange Rule Books, and thus applicable to Members of both Exchanges, certain Members of the MIAX Exchanges will have mandatory participation requirements in the annual SIFMA Business Continuity Planning Disaster Recovery (“BC/DR”) test. Please refer to the following for more information on designation standards and requirements for Designated Members.